Looking for condos for sale in Toronto under 400K? These entry-level listings offer great value in one of Canada’s most in-demand real estate markets. Whether you’re buying your first home or adding to your portfolio, these condos are a smart place to start.

Login with:

Forgot password Extend Verify Contact Signup Login

1601 15 Torrance Road

Eglinton East Toronto M1J 3K2

$391,888

Residential Condo & Other beds: 2 baths: 1.0

Share on X

Share on Facebook

Share on Pinterest

Share Link

Share on Twitter

Share on Facebook

Share on Pinterest

Share Link

• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

E12813468

Bedrooms:

2

Bathrooms:

1

• Photos (13)

Schedule a viewing:

in-person virtual

---

ASAP

Wed

25

FEB

Thu

26

FEB

Fri

27

FEB

Sat

28

FEB

Sun

1

MAR

Mon

2

MAR

Tue

3

MAR

Cancel any time.
• Schedule / Email
• Send listing
• Mortgage calculator
• Print listing

This 2 Bedrooms Condo Is Located In The Heart Of Scarborough! Bright and Spacious, Perfect for first time buyers, investors or downsizers! Open concept living/dining w w/o to stunning balcony and breathtaking city views. This Home Has Generous Sized Bedrooms & Ensuite Laundry with plenty of space for an additional fridge and chest freezer and still more space for storage. This suite also boasts a linen closet and a double and a single closet at the entrance!! The unit also has its own designated storage locker in the Building. The bathroom has been updated with a walk in shower and sliding glass shower doors. The primary has a his & hers walk through closet into the bathroom or it can be accessed from the hallway. The kitchen has been updated and expanded with timeless white cabinets and a food prep area making entertaining a breeze. And the features don't stop there. Great Building amenities include a rooftop terrace, outdoor pool, gym, saunas, children's playroom, party room, meeting room, onsite management, superintendent, security system, bike storage & ample visitor parking. This building is meticulously maintained with newer windows, sliding patio doors, balcony enclosures, new elevators and key fob access. Maintenance fees include heat, hydro, water and cable TV. You are in Walking Distance To Schools, Restaurants, Shops, Grocery Stores & Public Transit including the Eglinton Go Train Station & 20 minutes to Downtown Toronto. Don't miss out!! Remember if you love it, you better out an offer on it!!!

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Approx. Age:

31-50

Total Approx Floor Area:

900-999

Exposure:

North

Bedrooms:

2

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

6

Zoning:

Residential

Additional Info:

Heating type:

Baseboard

Heating Fuel:

Electric

Storey:

15

Balcony:

Enclosed

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Type:

Exclusive

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker:

Owned

Family Room:

No

Possession Details:

Flexible

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$951

Maintenance fees include:

Heat Included, Hydro Included, Water Included, Cable TV Included

Taxes:

$1,184 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E08

Listing Sub-Area:

Eglinton East

Property Features / Area Influences:

Park, Place Of Worship, Public Transit, School

Interior Features:

Intercom, Sauna, Steam Room, Wheelchair Access

Exterior Features:

Controlled Entry, Patio, Recreational Area

Security Features:

Smoke Detector

Pets Permitted:

Yes-with Restrictions

Inclusions:

White fridge, dishwasher, stove in kitchen. White washer & dryer, 2nd fridge and chest freezer in laundry room. All appliances in as is condition.

Exterior Finish:

Brick

Building Amenities:

Bike Storage, Exercise Room, Gym, Outdoor Pool, Party Room/Meeting Room, Sauna

Elevator:

Yes

View:

City

Accessibility Features:

Elevator, Ramps, Wheelchair Access

Room Information:

Floor

Type

Size

Other

Flat

Foyer

9'1"2.77 m × 4'2"1.27 m

Double Closet, Closet

Flat

Kitchen

13'1½"4.00 m × 5'8½"1.74 m

Renovated, Galley Kitchen, Backsplash

Flat

Living Room

15'9"4.80 m × 11'3.35 m

Combined w/Dining, Broadloom, Sliding Doors

Flat

Dining Room

15'9"4.80 m × 11'3.35 m

Combined w/Living, Broadloom

Flat

Primary Bedroom

14'10"4.52 m × 11'3"3.43 m

Walk-Thru

Flat

Bedroom 2

12'10"3.91 m × 9'11"3.02 m

Large Window

Flat

Laundry

25'5⅛"7.75 m × 14'4"4.37 m

Other Details:

Special Designation:

Unknown

Air Conditioning:

Other

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In-Suite Laundry

Business Info:

Condo Corporation Number:

325

Property Management Company:

GPM Property Management Inc.

Listing Info:

Date Listed:

Feb 23, 2026

Original Price:

Signup

Previous Price:

Signup

• 
  Photo 1 of 13
• 
  Photo 2 of 13
• 
  Photo 3 of 13
• 
  Photo 4 of 13
• 
  Photo 5 of 13
• 
  Photo 6 of 13
• 
  Photo 7 of 13
• 
  Photo 8 of 13
• 
  Photo 9 of 13
• 
  Photo 10 of 13
• 
  Photo 11 of 13
• 
  Photo 12 of 13
• 
  Photo 13 of 13

Larger map options:

Larger map Satellite map Street View Walkscore

Listed by NEW ERA REAL ESTATE

Data was last updated February 24, 2026 at 02:15 AM (UTC)

Area Statistics

Listings on market:

19

Avg list price:

$470,000

Min list price:

$349,000

Max list price:

$549,900

Avg days on market:

27

Min days on market:

2

Max days on market:

144

These statistics are generated based on the current listing's property type and located in Eglinton East. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

powered by myRealPage.com

Features of Condos for Sale in Toronto Under 400K

Affordable units in this price range typically offer:

• Studio or 1-bedroom layouts ideal for singles or couples
• Functional kitchens, open living space, and in-building laundry
• Access to TTC, grocery stores, and local amenities
• Older buildings with good structure and lower tax rates

Why Choose Toronto Condos Priced Under $400,000

• Ideal for first-time buyers or downsizers on a budget
• Lower monthly payments with CMHC-backed mortgage eligibility
• Opportunities to renovate or rent out for passive income
• Reduced land transfer tax and closing costs

Where to Find Condos for Sale in Toronto Under 400K

Great value can be found in neighbourhoods such as Weston, Scarborough, East York, and parts of North York. Many buildings here offer established communities and access to transit.

Explore More GTA Homes:

• Condos for Sale in Toronto Under $350K
• Waterfront Cottages for Sale in Ontario under $300000
• Houses for Sale Richmond Hill under $500000
• Houses for Sale near Caledonia and Eglinton West
• Condos for Sale in Toronto Under $400K
• Aurora Homes For Sale
• Bradford Homes For Sale
• King City Homes For Sale
• Markham Homes For Sale
• Newmarket Homes For Sale
• Richmond Hill Homes For Sale
• Thornhill Homes For Sale
• Toronto Homes For Sale
• Brampton Homes For Sale
• Uxbridge Homes For Sale
• Vaughan Homes For Sale
• Stouffville Homes For Sale
• Mississauga Homes For Sale

Each link provides updated listings and expert insights.

FAQs – Condos for Sale in Toronto Under 400K

1. Are there move-in-ready condos under 400K in Toronto?
Yes. While some need updates, others are renovated and ready for immediate occupancy.

2. Can I get a mortgage with just 5% down on these properties?
Yes. As long as the unit price is under $500K and you qualify, you can buy with 5% down.

3. Do condos under 400K come with parking or storage?
Some do, but it’s not guaranteed. Be sure to check individual listings for included amenities.

4. Are Toronto condos under $400K a good investment?
Absolutely. They’re affordable entry points into a strong market, often located in up-and-coming areas.